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The key to success in your company is to segment your customers based on their needs. Use AI and machine learning to identify those micro-segments. This will allow you to target their specific needs and preferences to ensure that the right services and products are being marketed to the right people.
Let your AI drive the recommendation engines to increase sales. Best-in-class techniques allow you to spot trends, recover abandoned cart sales, and make more relevant and timelier cross-sell and up-sell.
To achieve this best balance between profitability and product availability AI and machine learning can help you determine the different shopping patterns, optimal shelf-placements, attractive pricing, stock availability, discounts and optimal space utilization
Predicting demand with accuracy will help you manage orders from your suppliers and mitigate overstocking and out-of-stock situations. It’s imperative to ensure an available product mix while minimizing stock-out situations for minimal interruptions.
Use the latest tech stack and text analytics (Natural Language Processing – NLP) to extract positive, negative and shifting sentiments. Get ahead of your customers issues.
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